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Consolidated Statements of Changes in Equity (Tables)
9 Months Ended
Sep. 30, 2020
Schedule of Capitalization, Equity [Line Items]  
Schedule of Changes in Equity
The following table provides Edison International's changes in equity for the nine months ended September 30, 2020:
 Equity Attributable to Common ShareholdersNoncontrolling Interests 
(in millions, except per share amounts)Common
Stock
Accumulated
Other
Comprehensive Loss
Retained
Earnings
SubtotalPreferred
and
Preference
Stock
Total
Equity
Balance at December 31, 2019$4,990 $(69)$8,382 $13,303 $2,193 $15,496 
Net income— — 183 183 30 213 
Other comprehensive income— — — 
Common stock issued, net of issuance cost88 — — 88 — 88 
Common stock dividends declared ($0.6375 per share)
— — (232)(232)— (232)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (30)(30)
Noncash stock-based compensation— — — 
Balance at March 31, 2020$5,085 $(67)$8,333 $13,351 $2,193 $15,544 
Net income— — 318 318 30 348 
Other comprehensive income— — — 
Common stock issued, net of issuance cost 815 — — 815 — 815 
Common stock dividends declared ($0.6375 per share)
— — (241)(241)— (241)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (30)(30)
Noncash stock-based compensation— — — 
Balance at June 30, 2020$5,908 $(65)$8,410 $14,253 $2,193 $16,446 
Net loss— — (288)(288)46 (242)
Other comprehensive income— — — 
Common stock issued, net of issuance cost (Note 14)15 — — 15 — 15 
Common stock dividends declared ($0.6375 per share)
— — (241)(241)— (241)
Dividends to noncontrolling interests ($0.247 - $0.289 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (31)(31)
Noncash stock-based compensation and other— — 
Redemption of preferred and preference stock— — — — (308)(308)
Balance at September 30, 2020$5,930 $(63)$7,881 $13,748 $1,901 $15,649 
The following table provides Edison International's changes in equity for the nine months ended September 30, 2019:
 Equity Attributable to Common ShareholdersNoncontrolling Interests 
(in millions, except per share amounts)Common
Stock
Accumulated
Other
Comprehensive Loss
Retained
Earnings
SubtotalPreferred
and
Preference
Stock
Total
Equity
Balance at December 31, 2018$2,545 $(50)$7,964 $10,459 $2,193 $12,652 
Net income— — 278 278 30 308 
Other comprehensive income— — — 
Cumulative effect of accounting changes1
— (10)10 — — — 
Common stock dividends declared ($0.6125 per share)
— — (200)(200)— (200)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (30)(30)
Stock-based compensation— — (18)(18)— (18)
Noncash stock-based compensation— — — 
Balance at March 31, 2019$2,550 $(58)$8,034 $10,526 $2,193 $12,719 
Net income— — 392 392 30 422 
Other comprehensive income— — — 
Common stock dividends declared ($0.6125 per share)
— — (200)(200)— (200)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (30)(30)
Stock-based compensation— — (4)(4)— (4)
Noncash stock-based compensation— — — 
Balance at June 30, 2019$2,555 $(57)$8,222 $10,720 $2,193 $12,913 
Net income— — 471 471 31 502 
Other comprehensive income— — — 
Common stock issued, net of issuance cost2,185 — — 2,185 — 2,185 
Common stock dividends declared ($0.6125 per share)
— — (219)(219)— (219)
Dividends to noncontrolling interests ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (31)(31)
Stock-based compensation— — (5)(5)— (5)
Noncash stock-based compensation — — — 
Balance at September 30, 2019$4,746 $(55)$8,469 $13,160 $2,193 $15,353 
1    Edison International recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2019 related to the adoption of the accounting standards update on the reclassification of stranded tax effects resulting from Tax Cuts and Jobs Act ("Tax Reform.")
Southern California Edison  
Schedule of Capitalization, Equity [Line Items]  
Schedule of Changes in Equity
The following table provides SCE's changes in equity for the nine months ended September 30, 2020:
(in millions, except per share amounts)Preferred
and
Preference
Stock
Common
Stock
Additional
Paid-in
Capital
Accumulated
Other
Comprehensive
Loss
Retained
Earnings
Total
Equity
Balance at December 31, 2019$2,245 $2,168 $3,939 $(39)$9,514 $17,827 
Net income— — — — 249 249 
Other comprehensive income— — — — 
Capital contribution from Edison International Parent— — 269 — — 269 
Dividends declared on common stock ($0.6185 per share)
— — — — (269)(269)
Dividends declared on preferred stock ($0.255 - $0.299 per share) and preference stock ($15.625 - $35.936 per share)
— — — — (30)(30)
Stock-based compensation — — (5)— — (5)
Noncash stock-based compensation— — — (1)
Balance at March 31, 2020$2,245 $2,168 $4,207 $(37)$9,463 $18,046 
Net income— — — — 411 411 
Other comprehensive income— — — — 
Capital contribution from Edison International Parent— — 619 — — 619 
Dividends declared on common stock ($0.6185 per share)
— — — — (269)(269)
Dividends declared on preferred stock ($0.255 - $0.299 per share) and preference stock ($15.625 - $35.936 per share)
— — — — (30)(30)
Noncash stock-based compensation — — — — 
Balance at June 30, 2020$2,245 $2,168 $4,829 $(36)$9,575 $18,781 
Net loss— — — — (218)(218)
Other comprehensive income— — — — 
Capital contribution from Edison International Parent — — 219 — — 219 
Dividends declared on common stock ($0.6185 per share)
— — — — (269)(269)
Dividends declared on preferred stock ($0.247 - $0.289 per share) and preference stock ($15.625 - $35.936 per share)
— — — — (31)(31)
Noncash stock-based compensation and other— — — 
Redemption of preferred and preference stock $(300)$— $$— $(15)(308)
Balance at September 30, 2020$1,945 $2,168 $5058 $(35)$9,043 $18,179 
The following table provides SCE's changes in equity for the nine months ended September 30, 2019:
(in millions, except per share amounts)Preferred
and
Preference
Stock
Common
Stock
Additional
Paid-in
Capital
Accumulated
Other
Comprehensive
Loss
Retained
Earnings
Total
Equity
Balance at December 31, 2018$2,245 $2,168 $680 $(23)$8,715 $13,785 
Net income— — — — 323 323 
Other comprehensive income— — — — 
Cumulative effect of accounting change1
(5)— 
Dividends declared on common stock ($0.4599 per share)
— — — — (200)(200)
Dividends declared on preferred stock ($0.255 - $0.299 per share) and preference stock (15.625 - $35.936 per share)
— — — — (30)(30)
Stock-based compensation — — — — (12)(12)
Noncash stock-based compensation— — — — 
Balance at March 31, 2019$2,245 $2,168 $683 $(27)$8,801 $13,870 
Net income— — — — 449 449 
Other comprehensive income— — — — 
Capital contribution from Edison International Parent— — 1,200 — — 1,200 
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (30)(30)
Stock-based compensation — — — — (1)(1)
Noncash stock-based compensation — — — — 
Balance at June 30, 2019$2,245 $2,168 $1,886 $(26)$9,219 $15,492 
Net income— — — — 534 534 
Other comprehensive income— — — — 
Capital contribution from Edison International Parent— — 1,850 — — 1,850 
Dividends declared on common stock ($0.4599 per share)
— — — — (200)(200)
Dividends declared on preferred and preference stock ($0.255 - $0.299 per share for preferred stock; $15.625 - $35.936 per share for preference stock)
— — — — (31)(31)
Stock-based compensation— — (2)— (2)(4)
Noncash stock-based compensation— — — — 
Balance at September 30, 2019$2,245 $2,168 $3,737 $(25)$9,520 $17,645 
1    SCE recognized a cumulative effect adjustment to the opening balance of retained earnings and accumulated other comprehensive loss on January 1, 2019 related to the adoption of the accounting standards update on the reclassification of stranded tax effects resulting from Tax Reform.